(IT-NEWSWIRE.COM, May 12, 2019 ) The global Low Power Wide Area Network (LPWAN) market is expected to grow from US$ US$ 986.0 Mn in 2017 to US$ 28746.5 Mn by 2025 at a CAGR of 53.2% between 2018 and 2025.
Global Low Power Wide Area Network (LPWAN) Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
The operations throughout various industries including agriculture, manufacturing, oil & gas among others have lately realized the need to transform their agile back-end infrastructure to efficiently manage and comply with the evolving IoT initiatives and solutions. At present, the majority of the IoT devices are using the already existing network connections such as Zigbee, cellular, Wi-Fi and other proprietary technologies. As the conventional mobile network comprised of functional performances that could not meet the transforming IoT landscape concerning data output, cost efficiencies and coverage areas, the industry players promoted LPWAN. The explosive growth in penetration of IoT devices over the past few years has escalated the demand for LPWAN technology deployments. This is major because these modern technologies were cost-efficient, optimized data transmission, and scalable cellular coverage.
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To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Low Power Wide Area Network (LPWAN) Market
To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
The List of Companies
1. Nwave Technologies
3. Semtech Corporation
5. Link Labs, Inc.
7. Ingenu Inc.
9. Weightless SIG
10. Senet, Inc.
Low Power Wide Area Network (LPWAN) Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
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The global Low Power Wide Area Network (LPWAN) market by end-user is fragmented into Smart City, Oil and Gas, Healthcare, Manufacturing, Logistics and Transportation, Agriculture, and Consumer Electronics. The Smart City is the leading the market for Low Power Wide Area Network (LPWAN). In the Asia Pacific region, China, India, and Southeast Asian countries such as Singapore, Malaysia among others are constantly upgrading their cities with advanced technologies in order to make them more intelligent. Also, the demand for smart water meter is deployment to witness an exponential growth in these smart cities as the smart city initiatives majorly focus on the energy sector.
Between 2015 and 2016 ERDF, the French electricity distribution company installed 3 Mn smart meters across the country with a count of 35 Mn running smart meters by 2020. In 2018, FACSA partnered with Semtech and IoTens for the deployment of smart water meters to help customers in Castellon to precisely track and regulate their water management. In February 2018, SenRa and Nordic Automation Systems partnered to deliver LPWAN solutions for remote metering and smart street lighting across India. Also, in 2017, China Telecom and China Unicom collaborated with Huawei, along with other technology partners as well as customers, to run street lighting, water metering, or street parking using NB-IoT in Shanghai, Shenzhen, and Shandong. Few of them were already deployed on a commercial scale.
North America leads the market followed by Europe and the Asia Pacific. However, during the forecast period, Asia Pacific is expected to grow at the fasted CAGR making the maximum contribution to the LPWAN market. Some of the major key players included in the report are Nwave Technologies, Sigfox, Semtech Corporation, Loriot, Link Labs, Inc., Waviot, Ingenu, Actility, Weightless SIG, and Senet, Inc. among others.
Table of Content: -
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Low Power Wide Area Network (LPWAN) Industry Insights
Chapter 4. Low Power Wide Area Network (LPWAN) Market, By Application
Chapter 5. Low Power Wide Area Network (LPWAN) Market, By Operation
Chapter 6. Low Power Wide Area Network (LPWAN) Market, By Region
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